Public Profile

Fibabanka

Fibabanka, officially known as Fibabanka A.Ş., is a prominent financial institution headquartered in Turkey. Established in 2010, the bank has rapidly expanded its operations across major regions, focusing on retail and corporate banking services. With a commitment to innovation, Fibabanka offers a range of unique products, including digital banking solutions and tailored financial services designed to meet the diverse needs of its clientele. Recognised for its customer-centric approach, Fibabanka has achieved significant milestones, including the introduction of advanced mobile banking applications that enhance user experience. As a key player in the Turkish banking sector, the bank continues to strengthen its market position through strategic partnerships and a robust service portfolio, making it a trusted choice for both individual and business customers.

DitchCarbon Score

How does Fibabanka's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

10

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

13

Industry Benchmark

Fibabanka's score of 10 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

Fibabanka's reported carbon emissions

In 2022, Fibabanka reported total carbon emissions of approximately 2,843,000,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 1,201,650 kg CO2e, while Scope 2 emissions totalled approximately 27,070 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached approximately 2,842,752,670 kg CO2e. In 2021, the bank's emissions were approximately 1,806,190 kg CO2e for Scope 1, 21,600 kg CO2e for Scope 2, and 426,770 kg CO2e for Scope 3, indicating a notable increase in emissions in 2022, particularly in Scope 3. In 2020, the emissions were approximately 1,722,600 kg CO2e for Scope 1, 20,280 kg CO2e for Scope 2, and 1,738,460 kg CO2e for Scope 3. Despite these figures, Fibabanka has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further action in addressing their carbon footprint and aligning with industry standards for sustainability.

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Add to project
202020212022
Scope 1
1,722,600
0,000,000
0,000,000
Scope 2
20,280
00,000
00,000
Scope 3
1,738,460
000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fibabanka's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Fibabanka is headquartered in TR, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Fibabanka is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers